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    Economic Times | 19 Nov, 2022 | 08:31AM IST

    Twitter News Live Updates: Another 1,200 employees quit Twitter amid internal mayhem, says report

    Elon Musk's Twitter was reeling under a big trouble as another 1,200 employees have quit over the ultimatum for "extremely hardcore" workplace. The New York Times reported that key infrastructure teams have been "decimated" at Twitter and Musk sent an email to employees asking them about the details regarding the underlaying technology. "Anyone who actually writes software, please report to the 10th floor at 2 p.m. today," Musk said in the email on Friday. "Before doing so, please email me a bullet point summary of what your code commits have achieved in the past 6 months, along with up to 10 screenshots of the most salient lines of code," he posted.Twitter News Live Updates: Musk earlier sacked 50 per cent of the Twitter workforce, as several key executives resigned. After hundreds of employees resigned from the company ahead of the deadline, Musk said that he is not "super" worried about the mass resignations as the best employees are staying. Several employees took to Twitter to announce their resignations ahead of the deadline to meet Musk's new work criteria.
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    08:31 AM

    Special counsel probe 'will not be a fair investigation': Trump

    08:28 AM

    FTX fires three of its top executives- WSJ

    Cryptocurrency exchange FTX, which recently filed for U.S. bankruptcy court protection, has fired some top executives, including co-founder Gary Wang, the Wall Street Journal reported on Friday, citing an FTX spokeswoman. Other terminated executives include engineering director Nishad Singh and Caroline Ellison, who ran FTX's trading arm Alameda Research, the newspaper said.
    08:13 AM

    Winter session of Parliament from December 7

    The Winter Session of Parliament will be held from December 7 to December 29 this year, said Union Parliamentary Affairs Minister Pralhad Joshi. There will be a total of 17 working days in the upcoming Winter Session.
    07:48 AM

    PM Shehbaz to appoint new army chief in a "day or two" says Pak Interior Minister Sanaullah

    Pakistan Interior Minister Rana Sanaullah on Friday said that Prime Minister Shehbaz Sharif will be appointing a new army chief in a "day or two" as he believes that further delay over the appointment will not be appropriate. Sanaullah shared that PM Sharif has completed the consultation process over the appointment of the next army chief and an announcement on Chief of Army Staff (COAS) General Qamar Javed Bajwa's successor will be made in a "day or two," reported Geo News.
    07:23 AM

    Warren Buffett's Berkshire warns about crypto website using its name

    Berkshire Hathaway Inc, run by billionaire Warren Buffett, on Friday warned investors it has no affiliation with a purported cryptocurrency brokerage website using the Berkshire Hathaway name. The website describes its operator as a Texas-based broker founded in 2020 to give investors "an opportunity to achieve a completely passive income from investment in cryptocurrency mining.
    07:17 AM

    PM Modi to inaugurate Kashi-Tamil Samagam in Varanasi today

    Prime Minister Narendra Modi will inaugurate the month-long Kashi-Tamil Samagam at Kashi Hindu University in Varanasi today. The event will pave the way for rediscovering centuries-old bond of knowledge and ancient civilisational linkage between the North and the South.
    06:54 AM

    Google sets rules for HQ guest speakers

    Alphabet Inc's Google this week introduced rules for inviting guest speakers to its offices, days after it canceled a talk by an Indian historian who has disparaged marginalized groups and their concerns, according to company emails seen by Reuters. The policy released Thursday is Google's latest effort to preserve an open culture while addressing divisions that have emerged as its workforce has grown.
    06:49 AM

    India scraps export tax on low grade iron ore

    India scrapped an export tax levied on low grade iron ore lumps and fines with below 58% iron content, in a notification late on Friday, reversing an earlier order from May when it had raised the tax to a steep 50% to rein-in inflation. In the notification, which takes effect on Saturday, the government also removed export tax on some steel intermediates from 15%, also imposed in May.
    06:33 AM

    Elon Musk asks Twitter users to vote on reinstatement of Trump

    06:26 AM

    Elizabeth Holmes sentenced to more than 11 years in prison for Theranos fraud

    A federal judge on Friday sentenced Theranos founder Elizabeth Holmes to 11 years and three months in prison for defrauding investors in her now-defunct blood-testing startup that was once valued at $9 billion. In San Jose, California, U.S. District Judge Edward Davila sentenced Holmes, 38, on three counts of investor fraud and one count of conspiracy after a jury convicted her last January following a trial spanning three months. The prosecution had recommended a sentence of 15 years in prison, while the defense had urged the judge to impose no prison time.
    06:19 AM

    Mine subsidence in J'khand, no casualty reported

    A mine subsidence took place in an outsourcing mining project site in Jharkhand's Dhanbad district, around 200-km from capital Ranchi, officials said on Friday. However, no casualty was reported in the incident, they said
    06:19 AM

    Indian-American Punit Renjen announces retirement as Deloitte CEO

    Indian-American Punit Renjen on Friday announced that he would retire as Deloitte Global CEO on December 31 and would be replaced by Joe Ucuzoglu. "It has truly been an honour and privilege to lead Deloitte over the past several years," said Renjen.
    06:17 AM

    John Kerry tests positive for Covid

    US Climate Envoy John Kerry has tested positive for COVID-19 at the UN climate talks in Egypt, a spokeswoman said late Friday night, the latest setback for what appeared to be stalled negotiations that were already going into overtime. "He is fully vaccinated and boosted and experiencing mild symptoms. He is working with his negotiations team and foreign counterparts by phone to ensure a successful outcome of COP27," spokeswoman Whitney Smith wrote in a statement late Friday.
    06:16 AM

    Indian American arrested for USD 10 million crypto Ponzi scheme

    Federal law enforcement authorities in the US arrested an Indian American, Rathanakishore Giri, in Ohio on Friday on criminal charges related to his alleged involvement in a cryptocurrency investment fraud scheme that raised at least USD 10 million from investors. According to court documents, Giri (27) from New Albany allegedly misled the investors by fraudulently promoting himself as an expert cryptocurrency trader, with a specialty in trading Bitcoin derivatives.
    06:15 AM

    Voting opens in Malaysia's tightly contested elections

    Malaysians began casting ballots on Saturday in a tightly contested national election that will determine whether the country's longest-ruling coalition can make a comeback after its electoral defeat four years ago. Political reformers under opposition leader Anwar Ibrahim are gunning for a second victory but with three main blocs vying for votes, analysts said the outcome is hard to predict and could lead to new alliances if there is a hung Parliament.
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